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House property loan

Others 250 views 3 replies
If I take a bank loan and construct second floor, whether I am eligible for deduction of Rs. 30,000 or Rs. 2,00,000 on interest paid under income from house property.. Ground floor and first floor constructed 15 years back.. Please advise
Replies (3)

Yes you can no issues

yes you can claim.. subject to a maximum amount of RS. 2,00,000/-
is the same applicable for loan taken from housing cooperative society too... please advise


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